Mitessh Thakkar: BUY Berger Paints, Dabur India, L&T and Sun Pharma
Market analyst Mitesh Thakkar has suggested four BUY Calls and no SELL Call for today’s trading session, indicating a bullish outlook for markets today. Indian markets are expected to open positive today and we can see NSE Nifty above its major resistance levels. US and European markets closed positive on Tuesday after an initial decline in these markets. Indian markets will be tracking the trends in the global markets.
Thakkar has suggested BUY Call for infrastructure major Larsen & Toubro for a target of Rs 1,780 with a stop loss at Rs 1,729. Traders can initiate a BUY Trade for Berger Paints for a target of Rs 715 with a stop loss at Rs 686, as per Thakkar.
Thakkar has suggested BUY Call for FMCG major Dabur India for a target of Rs 570 with a stop loss at Rs 550. The stock is looking strong on the charts.
Sun Pharmaceuticals has recently showcased very strong moves as the counter touched 52-week high. Thakkar has suggested BUY Call for Sun Pharma for a target of Rs 910 with a stop loss at Rs 883. The stock could touch fresh 52-week high due to high momentum.
All trades should be carried out with strict Stop Loss. In case the trade doesn’t happen as per expectations, it is good to exit the trade if the call is in profit. TopNews will review performance of trading calls by the end of the trading session.